Insignia Mortage

Interested in Bridge Loans?
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Bridge Loans

High-end residential developer financing and bridge loans.

Whether you need bank-financed or a bridge construction loan, Insignia Mortgage has long-standing relationships with lenders who will close on time, make fast decisions, and honor their terms.

  • Loans from $500,000 up to $25 million.
  • Interest-only loan options OK including construction take-out loans for real estate developers.
  • Loans to LLC, limited partnerships, corporations, and irrevocable trusts OK.
  • Close as quickly as 14 days.
  • Custom loan structures including cross-collateralized and blanket loans with interest-only.
  • No tax returns required to qualify.
  • Foreign borrowers welcomed.

BRIDGE LOANS
UP TO $25 MILLION

7.990%
8.334% APR
No tax return required.
Call for details (310) 859-0488

Our Bridge Loan Program has the following added features:

48-72 hour Letter of
Intent (LOI), close as
quickly as 14 days.
Interest rates from
7.99%.
Access to
professionally
managed real estate
hedge funds with local
market knowledge.
Introducing Our
New 5/5 ARM Program
Learn more about the new balanced 5/5 ARM up to 4.5 million. Low rates! Rate adjusts every 5 years up to 2% max each time.
Call us today to learn more
310-859-0488

Transaction Spotlight

The Situation

We recently closed on a $17 million take out bridge loan in Bel Air for high-end real estate developer with non-recourse financing.

The Solution

Insignia Mortgage found a local commercial bank to provide bridge take-out financing of construction loan providing developer another 18 months to sell the home. The developer and bank agreed on non-recourse financing which focused solely on the property valuation in analysis.

The Loan Details

  • $17 million dollar bridge take-out loan
  • 55% LTV
  • 6.99% APR, plus 1.5% points
  • 12-month term with 6-month extension
  • Interest only with 12-month interest reserve
  • No prepayment penalty
  • 17-day close of escrow
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Call (310) 859-0488 to get started or fill out the form.
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